Ascend Capital Increased By $6.42 Million Its Microsoft (MSFT) Position; Mam Software Group Has Infinity Sentiment

August 12, 2018 - By William Brooks

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Ascend Capital Llc increased Microsoft Corp (MSFT) stake by 26.02% reported in 2018Q1 SEC filing. Ascend Capital Llc acquired 70,530 shares as Microsoft Corp (MSFT)’s stock rose 3.08%. The Ascend Capital Llc holds 341,593 shares with $31.18 million value, up from 271,063 last quarter. Microsoft Corp now has $835.84B valuation. The stock decreased 0.61% or $0.67 during the last trading session, reaching $109. About 14.51M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since August 12, 2017 and is uptrending. It has outperformed by 28.71% the S&P500. Some Historical MSFT News: 29/05/2018 – American Education Center Signs Letter of Intent with Quanzhou Textile Garment Vocational Institute for the Implementation of Four International Certificate Projects in China; 25/04/2018 – BancorpSouth Bank Declares Quarterly Dividend; 27/04/2018 – Microsoft and Google gained share, the firm said; 16/05/2018 – FP Tech Desk: Microsoft planning low-cost Surface tablet line to take on iPad; 26/04/2018 – MICROSOFT OPEX GUIDANCE IS SLIGHT ABOVE HIGH END OF FORECAST; 31/05/2018 – INFOSYS LTD INFY.NS SAYS AS PART OF ENHANCED ALLIANCE, INFOSYS WILL ALSO ESTABLISH A GLOBAL MICROSOFT CLOUD INNOVATION CENTER IN THE U.S; 22/03/2018 – Allure Security to Exhibit at RSA Conference 2018; 16/05/2018 – Microsoft needs to nail the price, offer a full range of apps, include accessories and more; 16/05/2018 – Boston Scientific Announces Schedule of Presentations at EuroPCR 2018; 14/05/2018 – Symantec to Host Investor Briefing Call

Mam Software Group Inc (MAMS) investors sentiment increased to Infinity in Q1 2018. It’s up Infinity, from 2.5 in 2017Q4. The ratio is more positive, as 7 funds increased or opened new holdings, while 0 sold and decreased their equity positions in Mam Software Group Inc. The funds in our database now have: 8.18 million shares, up from 3.94 million shares in 2017Q4. Also, the number of funds holding Mam Software Group Inc in top ten holdings was flat from 1 to 1 for the same number . Sold All: 0 Reduced: 0 Increased: 4 New Position: 3.

MAM Software Group, Inc., through its subsidiaries, provides software, information, and e-commerce and related services to businesses engaged in the automotive aftermarket in the United States, Canada, the United Kingdom, and Ireland. The company has market cap of $101.25 million. It provides business management systems, including its proprietary software applications, implementation and training, and third-party hardware and peripherals; information products, such as an accessible catalog database related to parts, tires, labor estimates, scheduled maintenance, repair information, technical service bulletins, pricing, and product features and benefits; e-commerce and online services and products that connect manufacturers, warehouse distributors, retailers, and automotive service providers through the Internet; and customer support and consulting services comprising phone and online support, and implementation and training services. It has a 20.25 P/E ratio. The companyÂ’s business management solutions include Autopart for warehouse distributors that seek to manage various locations and inventories on a single system, as well as parts store chains that seek to manage multiple locations and inventories on a single system for a regional area; and VAST, a product for large-to medium-sized automotive service and tire chains.

The stock increased 0.11% or $0.01 during the last trading session, reaching $8.04. About 4,263 shares traded. MAM Software Group, Inc. (MAMS) has risen 33.92% since August 12, 2017 and is uptrending. It has outperformed by 21.35% the S&P500. Some Historical MAMS News: 10/05/2018 MAM Software Group 3Q EPS 10c

Wynnefield Capital Inc holds 8.94% of its portfolio in MAM Software Group, Inc. for 3.28 million shares. Cove Street Capital Llc owns 746,359 shares or 0.64% of their US portfolio. Moreover, Minerva Advisors Llc has 0.04% invested in the company for 10,330 shares. The Massachusetts-based Acadian Asset Management Llc has invested 0% in the stock. Blackrock Inc., a New York-based fund reported 4,520 shares.

Analysts await MAM Software Group, Inc. (NASDAQ:MAMS) to report earnings on September, 27. They expect $0.08 earnings per share, down 38.46% or $0.05 from last year’s $0.13 per share. MAMS’s profit will be $1.01M for 25.13 P/E if the $0.08 EPS becomes a reality. After $0.10 actual earnings per share reported by MAM Software Group, Inc. for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.

Since January 1, 0001, it had 0 buys, and 8 selling transactions for $5.87 million activity.

Investors sentiment decreased to 0.74 in 2018 Q1. Its down 0.03, from 0.77 in 2017Q4. It turned negative, as 49 investors sold MSFT shares while 1035 reduced holdings. 142 funds opened positions while 665 raised stakes. 5.38 billion shares or 1.45% less from 5.46 billion shares in 2017Q4 were reported. Griffin Asset Incorporated owns 118,124 shares or 1.96% of their US portfolio. Moreover, Lederer Associates Counsel Ca has 2.93% invested in Microsoft Corporation (NASDAQ:MSFT) for 35,539 shares. Rwwm holds 15% in Microsoft Corporation (NASDAQ:MSFT) or 481,486 shares. Smithbridge Asset Mngmt De holds 3.28% or 54,282 shares. Pictet And Cie (Europe) Sa has invested 1.24% in Microsoft Corporation (NASDAQ:MSFT). Anderson Hoagland owns 55,856 shares. Magnetar Fincl Ltd Liability Corporation has 5,573 shares for 0.01% of their portfolio. Hanson & Doremus Management stated it has 2.02% in Microsoft Corporation (NASDAQ:MSFT). Rhenman And Asset has 5,465 shares for 0.06% of their portfolio. Cobblestone Capital Advsr Ltd Liability Corporation Ny invested 0.58% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Notis owns 2.91% invested in Microsoft Corporation (NASDAQ:MSFT) for 53,302 shares. First Manhattan accumulated 7.04 million shares. American Asset Mngmt has invested 1.68% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Bowen Hanes & Co Inc has 0.32% invested in Microsoft Corporation (NASDAQ:MSFT). Budros Ruhlin And Roe holds 1.13% or 44,288 shares.

Among 26 analysts covering Microsoft Corp (NASDAQ:MSFT), 24 have Buy rating, 1 Sell and 1 Hold. Therefore 92% are positive. Microsoft Corp had 42 analyst reports since February 14, 2018 according to SRatingsIntel. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Strong Buy” rating by Raymond James on Tuesday, July 17. The rating was maintained by Credit Suisse with “Buy” on Tuesday, April 24. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Tuesday, June 5 by Piper Jaffray. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, July 20 report. As per Wednesday, June 6, the company rating was maintained by Argus Research. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Bank of America on Tuesday, July 17. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Overweight” rating by Atlantic Securities on Monday, June 25. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Wednesday, June 13 by UBS. As per Friday, April 27, the company rating was maintained by Stifel Nicolaus. Tigress Financial maintained the shares of MSFT in report on Wednesday, February 14 with “Buy” rating.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Sell Microsoft And Don’t Look Back” on August 08, 2018, also Nasdaq.com with their article: “Microsoft (MSFT) Stock Edges Higher on Q4 Earnings Beat” published on July 20, 2018, Seekingalpha.com published: “Microsoft Soaring To All-Time Highs” on July 26, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Seekingalpha.com and their article: “I Was Wrong About Microsoft: It’s A Buy” published on July 31, 2018 as well as Seekingalpha.com‘s news article titled: “Microsoft: A Great Company For An Even Greater Price” with publication date: July 23, 2018.

MAM Software Group, Inc. (NASDAQ:MAMS) Institutional Positions Chart

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